Texas Oil And Minerals, Inc.isa publiclytraded company under the symbol BNPDD being changedto TOMI.

Notes from the Company

Through our Exploration & Production Division we are engaged in the acquisition, exploration, production and marketing of crude oil. Texas Oil and Minerals corporate headquarters is located in San Antonio, Texas, with principal reserves and producing properties located in various counties throughout Texas and rising to the challenge of finding new prospects to help keep up with the ever-increasing demand for reliable oil and natural gas supplies...

Using advanced technology and years of experience, we continue to successfully explore for oil and gas. With our professional staff and unparalleled expertise, TEXAS OIL AND MINERALS is poised to grow even more in the years to come.

Last PR February 08, 2012 12:34 AM Eastern Time

Texas Oil & Minerals (PINK SHEETS: BNPDD) enthusiastically announces that FINRA has completed the company's name and symbol change. Within the next fifteen (15) business days the new symbol should go into effect as TOMI.PK. Texas Oil & Minerals is delighted to have gone through this administrative process. Moreover, the company is thrilled to see effective progress made toward executing its 2012 plan of business with guidance from the executive team as they help move things along swiftly and efficiently to comply with all the new changes in the Micro-cap industry.

Texas Oil & Minerals has also expressed enthusiasm on the company's headway towards its first capital raise to aid in funding some of their long waited prospects in the rich Texas oil and gas fields.

As an advantage, CEO, Mr. Tom Gouger has many years of experience in the oil and gas sector. His knowledge and hands-on approach of the industry is allowing him the ability to "cherry pick" new endeavors for the company.

One such endeavor that the company is currently entertaining is a lease in the Southwest Cook Field. This field and others in the surrounding area have produced primarily from the Wilcox Sands. The Cook Field produced 5BCF of gas with 11,000 barrels of oil, The South Cook Filed produced over 67 BCF of natural Gas and 430,000 barrels of oil and the Gun Point Field has produced 44BCF of gas with 350,000 barrels of oil.

About Texas Oil and Minerals (BNPDD)

Texas Oil and Minerals creates value by acquiring and exploiting reserves in fields specifically targeted for oil and high-rate return North American clean burning natural gas. We are involved in prospects that range in value from $1,000,000 to $50,000,000, which include seismic and land projects, drilling prospects and the purchase of producing properties. Our team is comprised of highly skilled industry professionals who leverage their knowledge toward the success of our business. With more than three generations of collective experience, this team of professional and talented production personnel can provide innovative exploration and development solutions focused on creating exceptional returns in oil and gas through acquisition and exploration.

Tejones Operating Corp. has been operators of the Bryan Estate lease since May 2008.

"Working Interest" means an interest in an oil and gas lease that gives the owner of the interest the right to drill for and produce oil and gas on the leased acreage and requires the owner to pay a share of the costs of drilling and production operations. The share of production to which a working interest owner is entitled will always be smaller than the share of costs that the working interest owner is required to bear, with the balance of the production accruing to the owners of royalties. For example, the owner of a 100% working interest in a lease burdened by a landowner's royalty of 12.5% would be required to pay 100% of the costs of a well but would be entitled to retain 87.5% of the production.

Complete Terms, amount of Royalties accrued or paid, and other fees or factors, including but not limited to "production operation" costs paid to Tejones Operating Corporation that are deducted from the "25% Working Interest" of Bryan Estate Lease not disclosed by BNPD.

Fundamentals

The Reserves, Operations & Environmental, Health and Safety Committee of the Board of Directors undertakes, with Management, all of the necessary procedures, policies, and industry practices designed to protect our employees and contractors, as well as members of the public and the environment. We are committed to responsible resource development.

Operations at both the corporate and field levels are routinely assessed in an effort to identify opportunities to enhance environmental, health and safety performance.

By meeting or surpassing all applicable regulatory requirements, education, and training of personnel on all related policies and procedures, and following industry best practices, we believe our operations are safer for employees, community residents, and stakeholders, in addition to providing minimal environmental impact.

Three Generations Of Oil & Gas Production

Mr. Tom Gouger, President of Texas Oil and Minerals, Inc. operating under BNPD (OTC Markets: BNPD), is a third generation oilman. His grandfather, James G. McCarrick, was a produce distributor from New York who migrated to Corpus Christi, Texas in the 1920s. McCarrick was presented with an opportunity to become a business partner in the drilling on lands he had acquired from the growers he knew in the produce business after the discovery well in the Agua Dulce Field was drilled in 1928. The success of this partnership enabled McCarrick to form the McCarrick Oil Company, which operated 125 wells in the field that produced over 53 million barrels of oil. Ten years later McCarrick Oil obtained leases in the Seeligson Field that produced over 272 million barrels of oil.

Mr. Gouger's father, Tom M. Gouger, Jr., served in World War II and later graduated from the University of Texas. He worked at his father's bank in Robstown, Texas after graduation, but when they moved to San Antonio where he began working for his father-in-law's oil company. Richardson & Stewart and McCarrick Oil Company. In the 1950s Mr. Gouger, Jr. became a partner and the name was changed to Stewart and Gouger Drilling. The two men had many successful projects together, but the most prominent one was Sullivan Wells, located on the Maxine East Field in Live Oak County, Texas, which still actively produces oil and gas today.

Mr. Tom M. Gouger III was hired by his family's company, McCarrick, Gouger, and Mitchell in 1975 to obtain leases and drilling contracts, clear titles, and build surface locations during the first Austin Chalk boom of the Pearsall area. From 1975-1995 he learned all aspects of drilling and accumulated a vast knowledge of all operations as the company drilled over 25 operated wells and an additional 40 non-operated wells in the Austin Chalk and Gulf Coast region. They also participated in over 40 wells as a non-operating working interest owner in Wyoming, Oklahoma and Kansas.

Mr. Gouger purchased 6 of his own wells in 1985 and started Gouger Oil Company. In 1995 Mr. Gouger started Tejones Operating Corp. and purchased 125 wells in Howard, Glasscock, and Crockett Counties, Texas. He sold all of these except for the 25 wells in Crockett County in 2004. Mr. Gouger and his son, Tom M. Gouger IV also established Oilfield Cementing Company in 2001 with the main focus of plugging orphan wells for the Railroad Commission of Texas and Independent Operators. From 2004 to 2007 they plugged more than 500 wells with depths ranging from 400 to 8,000 feet. They closed down the company in 2007 and refocused efforts on the purchasing of production and the generation and selling of oil and gas prospects in south Texas.

Mr. Gouger has currently obtained a number of prospects in South Texas that are ready to drill, or are in the process of obtaining leases on their land. Mr. Hal Basham, a geologist, joined the company in 2008 to assist Mr. Gouger with the selling and geological review of prospects so that Mr. Gouger has more time to handle daily operations of the company.

Mr. Gouger stated, "As a third generation Independent Oil and Gas Producer/Operator, I am pleased to announce the formation of my new public company, Texas Oil and Minerals, Inc. This new company will be an extension of my thirty five years experience in lease acquisition, exploration, purchasing and marketing of Oil and Gas prospects in Texas, Oklahoma and Kansas. I look forward to sharing good fortune with you all."

Exploration & Production

Texas Oil and Minerals, Inc., engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Texas, more specifically, we are involved in projects in Brazoria County, Texas and Dewitt County, Texas. In these areas, predictable development results can be achieved at minimal risk.

Our strategy is focused on creating value for shareholders by providing appropriate investment returns through the effective development and optimization of assets. Several operational initiatives are underway in 2011 to maximize the value of our assets and increase production and reserves at minimal cost:

Optimization: We are in the process of reviewing our existing base of over 1,500 wells for optimization opportunities. We expect to be able to start work overs and recompletions during the second half of 2011;

Capital costs: We are examining ways to reduce drilling and completion capital on a go-forward basis, as well as reviewing the effect of both the new royalty structure and the lower cost structure with reduced industry activity;

Return on investment: We have established appropriate rate of return hurdles for drilling that are being applied to new projects.

Damon Field Project

As part of the South East Texas Salt Dome, the Damon Mound field of South East Texas is known for consistent production after initial production. Oil production in the upper Gulf Coast area was boosted by numerous discoveries, one of the most prolific of which was the Damon Mound Field. A limestone formation that rises 146 feet above the surrounding terrain is just west of Damon and State Highway 36 in northwestern Brazoria County (at 29°17' N, 95°45' W). The mile-long mound runs east-west and is 600 to 800 yards wide; it covers 3,000 acres. This field has had financial significance for some of the energy sector giants. One such company was Sinclair oil. In its earliest stages of development, the leases the Company obtained in this field helped Sinclair carve its name in history.the Damon Filed Project. This project will include the purchase of a 25% working interest in four wells in the Damon Mount Field located in Brazoria County, Texas.

Revenue streams related to the Damon Mound Field project will generate the following numbers to BNPD"s income statement: Recent production income reflects two of the subject wells had a gross income of $73,347 in the first quarter of 2011. These numbers would yield $58,677 to the working interest or $14,670 for a 25% working interest for just two of the wells. The other two wells are not currently producing. As part of the overall project plan, Texas Oil and Minerals, Inc. will spear head well work- over efforts, to ensure all four wells are producing at maximum efficiency. The management feels that based on these numbers; this project will yield at least an additional $112,000 annually, including expenses to the Company's income statement.

The Company's current CEO, Mr. Tom Gouger, through his vast knowledge of the area, has tested numerous approaches and verified what works. The due diligence efforts lead by Mr. Gouger includes a refined a strategy that, with proper capitalization, will maximize profitable production from existing wells.

In addition to the work-over wells, the Texas Oil and Minerals geologist are exploring the possibilities of drilling at least one new well located within the lease.